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mortgage repayments gone up, mortgage relief gone down, WTF?

LegacyUser · 2006-01-19 14:51:51

since the recent interest hike, my mortgage repayments have increased by €42 a month. my mortgage relief is 3c less. should my mortgage relief not have gone up rather than going down? (i know it's only 3c, but it's the principal)

19-01-2006 2:51pm

#1

LegacyUser

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since the recent interest hike, my mortgage repayments have increased by €42 a month.

my mortgage relief is 3c less.

should my mortgage relief not have gone up rather than going down?

(i know it's only 3c, but it's the principal)

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Comments

#2 19-01-2006 5:45pm

Sponge Bob

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On a normal modern mortgage you coulda maxed the relief before it went up , I make it you got no relief beyond 133K of an outstanding mortgage even at 4% interest rate .

The 3c could be rounding stuff.

Why not claim online for waste charges relief and union dues , simply click

http://www.revenue.ie/tc/ShowRequestEntry.do

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